Cannabis has only been legally available for purchase for under a decade, and yet the market value of the industry is already in the tens of billions. These gargantuan stats mask the fact that the industry is in its infancy, with growth projected to stay steady for another decade.
It seems like another dispensary pops up every week here in southern California, and entrepreneurs of all stripes are hustling to make a mark on the industry. This meteoric growth comes with a downside, however: crime.
The criminal element seems particularly enamored with legal cannabis, and for good reason. The legal grey area in which the industry operates makes it a highly profitable mark.
The legality of cannabis is still an open question on the federal level. This makes financial institutions like banks and payment processors either unwilling to work with cannabis businesses or able to charge exorbitant fees, forcing smaller operators to deal primarily in cash.
Cannabis also maintains a high street value thanks to the deluge of illegal pot shops opening alongside legitimate businesses. The lack of tax and regulatory burden means these unlicensed operators can sell their (likely unlawfully acquired) goods at a steep discount.
Being cash-rich and filled with valuable stock, legal dispensaries make ideal targets for criminals. This leaves them in a significant bind.
The only real self-defense cannabis operators have at their disposal is an effective security system. Unfortunately, creating an effective security system is a more difficult undertaking than most operators think, especially in such a complex legal and insurance landscape.
This is where legal cannabis security solutions providers come into play. Professionals who specialize in the ever-evolving legal cannabis security space can provide the most airtight possible security systems while maintaining legality and conforming to the strict limitations laid out by an insurance policy.
Generalized security contractors like Cannabis Compliant Security Solutions (CCSS) will help operators create a comprehensive security plan that covers all possible bases. These security plans will provide an itemized list of equipment and vendors that both deter criminals and ensure easy claim approvals if a criminal event does occur.
There is so much potential in the legal cannabis space that has yet to be realized due to the prevalence of criminal activity targeting the industry. If you are a legal cannabis operator looking to protect yourself during the unsteady first steps of this burgeoning industry, get in contact with CCSS today:
Cannabis Compliant Security Solutions
+19259221067